Updated: 17th March 2021
Begbies Traynor Group plc is pleased to announce that the acquisition of David Rubin & Partners Limited has completed.
This represents the largest acquisition the Group has undertaken to date and builds on the recent acquisition of CVR Global LLP, resulting in a significant increase in the scale of the Group's business recovery and financial advisory business, especially in the key London market.
David Rubin & Partners has offices in London and Guernsey and a team of 72 partners and staff, all of which will join Begbies Traynor Group following the acquisition.
Ric Traynor, Executive Chairman of Begbies Traynor Group plc, commented:
“The acquisition of David Rubin & Partners is our largest acquisition to date and is expected to be immediately earnings enhancing. It leaves the Group well-positioned to increase its market share and continue to grow its business recovery and financial advisory revenues.
"With the benefit of this and other recent acquisitions together with organic growth initiatives the Group is well positioned to deliver material growth in the 2021-22 financial year."
Ric qualified with Arthur Andersen in 1984 and founded Begbies Traynor in 1989. Ric specialises in practice management and has considerable experience in financial turnaround and dispute resolution within professional practices.